The oil and gas rig count, an early indicator of future output, fell three to 768 in the week to Oct. 28, energy services firm Baker Hughes Co said in its closely followed report on Friday.
, ,Despite this week's rig decline, Baker Hughes said the total count was still up 224, or 41%, over this time last year.
U.S. oil rigs fell two to 610 this week, while gas rigs decreased one to 156, their lowest since July.
For the month, drillers added three rigs, after activating six oil rigs and cutting three gas rigs.
That was the first monthly decrease in gas rigs since August 2021.